Walmart shares continued their positive momentum, closing up 1.02% at $116.70, supported by robust Q3 FY2026 results and a consensus Strong Buy rating from analysts.

  • The stock's recent strength is attributed to Q3 results, which included 5.8% revenue growth and 27% e-commerce growth.
  • Multiple firms, including TD Cowen and UBS, recently raised price targets into the low-to-mid $120s–$130s, citing the company’s scale and digital initiatives.
  • Walmart has gained over 20% in the past year and traded slightly lower at $116.60 after-hours.